Any Canadians buying a home? There’s an app for that!
The dream of owning a home of your own is one that many people hold dear, and since it may be the biggest investment you make in your entire life, it’s important to understand all the costs associated with purchasing that dream house—including how to protect your investment.
The problem is, it can sometimes be confusing to navigate the muddy waters of mortgages, fees and taxes, and to figure out realistic monthly home ownership costs. That’s why Foresters has partnered with the Canadian Mortgage App1, the #1 app for mortgage payment calculations on the Canadian Apple App Store2.
The easy-to-use mobile app is designed to help Canadians quickly and easily calculate the cost of home ownership—including mortgage payments, land transfer fees and Canada Mortgage and Housing Corporation (CMHC) premiums. Plus it will calculate any rebates you may be eligible for if you’re a first-time homebuyer.
The Canadian Mortgage App also gives you the option to estimate the cost of life insurance from Foresters, allowing you to see just how affordable it can be to get life insurance that can protect your investment.
You can join the more than 170,000 people who have downloaded the free Canadian Mortgage App . Since upwards of 3000 people have given it a 5-star rating and it has been viewed more than 5 million times, it’s definitely worth checking out if you’re anxious to find someplace to hang that “home sweet home” sign.
1The Canadian Mortgage App is owned and operated by Bendigi Technologies Inc. The Canadian Mortgage App provides mortgage and insurance information that is specific to Canada and may not be relevant to residents outside that country
2 As of March 1, 2015, the Canadian Mortgage App is the #1 app for the mortgage calculations on the Canadian Apple App store and #2 on Canadian Google play store.
412014G CAN/US (06/15)